- 2020 Unlimited Access Package
Get access to 22 hours of brand IRS Approved Content developed in 2020. This package contains access to our entire library of courses which provide over 70 hours of continuing education content along with new recorded webinars that are getting added monthly. If you like to learn and want to stay up on all the latest tax codes and strategies then this package is definitely for you.2020 15 Hour Continuing Education Package
Brand new for 2020 we have the top experts back with all the latest tax laws and changes in our 2020 15 Hour Continuing Education Package. Includes Mark Kohler's CARES Act Stimulus and updates and all the latest updates and changes in tax updates and programs due to the pandemic crisis.2020 18 Hour Non Exempt AFSP Package
This Continuing Education Package contains 18 hours of IRS Approved continuing education that will count towards your IRS record of completion. This course package contains 2 hours of ethics and 10 hours of cutting-edge topics and the 6 Hour Annual Federal Tax Refresher Course to satisfy the requirements for participating in the Annual Filing Season Program.2021 Annual Federal Tax Refresher (AFTR) - 6 Credit Hours of Annual Federal Tax Refresher
This 6-hour online video course follows the IRS outline for the Annual Federal Tax Refresher (AFTR). This course will follow the three domains exactly to ensure all topics and domains in the AFTR are thoroughly covered. Presented by CPA, Attorney and Professional Tax Speaker - Dr. Bart Basi along with Attorney Roman Basi - this Annual Federal Tax Refresher will take you on a deep dive of the 1040 to make sure you have all the information you need. This course will satisfy the AFTR requirement for all non-exempt preparers.This course must be completed by December 31st 2020 to receive AFTR credit towards your Record of Completion. Topics Covered: Domain 1 - New Tax Lax/Recent Updates Domain 2 - General Review - Schedules 1-6 Domain 3 - Practice, Procedures and Professional Responsibility2020 Live Webinar: Income Adjustments – More Than They Appear (1 Credit Hour of Federal Tax Law)While you may be familiar with Adjustments to income, they are more than they appear since they can allow the outcome of a return to be changed, sometimes even after the close of a tax year! These Adjustments include Educator Expenses, HSAs, Self-employed health insurance deductions, Traditional IRA deductions, student loan interest and qualifying alimony deductions, just to name a few. This course covers what adjustments to income are, how they affect the overall outcome and even covers a few real life examples illustrating how the overall result shifted more than would be expected on the surface by utilizing the power of adjustments to income to their maximum potential.2020 Federal Tax Law Updates (3 Credit Hours of Federal Tax Law)
Make sure you are current and stay ahead of all of the latest changes to Federal Tax Laws. Last year everything changed with the Tax Cuts and Jobs Act introducing the most significant tax law changes in 50 years. With all that happened last year, what is on tap in 2020 for an encore?2020 Rental Real Estate: Why and Why Not (1 Credit Hour of Federal Tax Law)CPA and Attorney Mark Kohler will break down the tax benefits and deductions that are available and may apply to clients that have rental real estate income and property.2020 Ethics Circular 230 (2 Credit Hours of Ethics)Join CPA and Attorney Roman Basi for this two hour course on Circular 230. Freshly updated for 2020 Roman will cover an in-depth background of Circular 230 and how these all important regulations apply to all tax professionals. This course will examine the many rules and restrictions that govern tax professionals and their penalties to help you make sure you are up to date and current for 2020. .2020 Forms Corporations and Partnership Taxes: The 1120, 1120s and the 1065 (3 Credit Hours of Federal Tax Law)There have been many changes the last few years to business taxation laws due to the Tax Cuts and Jobs Act. Join Dr. Bart Basi and CPA and attorney Roman Basi as they cover the 1120, 1120S and 1065 in this three hour course.2020 Financial Planning and Investments, Foreign Income & IRS Disciplinary Actions (3 Credit Hours of Federal Tax Law)Financial planning and investments are things that affect nearly every taxpayer. Another topic that becoming more and more prevalent is the tax laws around foreign income. Also included in this three hour course are IRS Disciplinary Procedures. This course will cover all three topics so you are prepared for this coming tax season.2020 CARES Act Stimulus (2 Credit Hours of Federal Tax Law)The recently enacted CARES Act Stimulus has created many questions. CPA and Attorney Mark Kohler will take a deep dive on the tax laws and implications of the recently enacted CARES Act due to the pandemic.2020 Amended Returns – the What Why How and When (1 Credit Hour of Federal Tax Law)In our ever-changing world of tax changes, sometimes it becomes necessary to consider changing a return previously filed. Understanding how to file an amended return is crucial, as well as why you should file (or not). In this course you will learn about the time limits for filing, how that could affect statutory assessment dates, how to prepare amended returns for business and individual income tax returns, and also techniques in submission, how and where to send, and what happens once submitted.2020 Penalty Abatement Basics & Techniques (1 Credit Hour of Federal Tax Law)The IRS asserts millions of dollars of penalties against taxpayers daily. Many of those penalties are abated due to quality representation. In this course, you will learn about reasonable cause, first time abatement techniques, and other administrative options that may allow you to substantially reduce your client's penalties. We will cover these techniques and discuss how you can assist a client as their representative, or help your client to do it themselves.2020 Business Tax Strategies (1 Credit Hour of Federal Tax Law)Now more than ever businesses need evolving business tax strategies. Join CPA and attorney Mark Kohler as he presents the latest tax laws and benefits so your clients can have the most effective business tax strategies.2020 Estate Planning Basics (1 Credit Hour of Federal Tax Law)Estate Planning is one of the critical areas that affects nearly all taxpayers at some point.The importance of filing estate income on your federal income tax return is huge. Make sure you understand how to set up and account for estate income with Attorney and CPA Roman Basi in this 1 hour course.2019 Federal Tax Law Updates - 3 Hours
Make sure you are current and stay ahead of all of the latest changes to Federal Tax Laws. Last year everything changed with the Tax Cuts and Jobs Act introducing the most significant tax law changes in 50 years. With all that happened last year, what is on tap in 2019 for an encore?2019 Critical Summary Update - 1 Hour
CPA and Attorney Mark Kohler will cover 1 hour of the latest, most critical changes on the Tax Cuts and Job Act and the very latest for 2019.2019 Ethics Circular 230 (2 Credit Hours)In this course, we'll review circular 230 and the relevant subsections. CPA and Attorney Dr. Bart Basi along with Attorney Roman Basi will cover an in-depth background of Circular 230.2019 Standard vs. Itemized Deduction, Non-Profit and Retirement Plans (3 Hours)
Standard vs. Itemized Deductions is always a hot tax topic. Since the advent of the Tax Cuts and Jobs Act, there have been massive changes. The standard deduction has doubled in most cases with the intent of encouraging taxpayers to utilize the standard deduction. But does that make sense for taxpayers in every scenario? When is it more beneficial to utilize standard deductions in the post TCJA world?
Retirement plans are another topic that presents a challenge for tax preparers because there are so many different types of retirement plans and different rules that apply to each of them. Find out the different rules and strategies of retirement plans in the IRS Approved online course.2019 Proposed Regulations for IRC 199A (1 Credit Hour)This course, presented by CPA and Attorney Roman Basi, will cover the 2019 proposed regulations on IRC 199A. Pass through deductions were one of the many big changes from the Tax Cuts and Jobs Act. In this course, Roman will present a 1-hour overview on proposed regulation regarding trade or business income deductions under Sec. 199A.2019 Business Transactions and Federal Filings, Estate Taxes, Gift Taxes, and Trust Tax Returns - 3 HoursNearly everything that takes place in the day to day operation of any business is related to various types of transactions. Whether it’s an exchange, non-exchange, or business transaction, there are various rules and benefits for each under Federal Tax Law.2019 Healthcare, Deductions and Paying Family Members - 3 Hours
CPA, Attorney and author Mark Kohler presents some of the most talked about changes since the roll out of the Tax Cuts and Jobs Act.
Deductions and Healthcare are hot topics for tax professionals because so much has changed. Make sure you are up to speed on all the latest changes plus find out the strategies and rules regarding paying family members as employees.2019 Business Structures, Small Business Taxes, & Estate Planning - 3 HoursNew for 2019, CPA and Attorney Dr. Bart Basi delivers 3 hours of how the latest tax laws impact businesses. A lot has changed since the implementation of the Tax Cuts and Jobs Act, in fact, there were additional TCJA laws that are now in effect for 2019.2019 1099 Reporting: What You Need To Know Part One (1 Hour)
There is a tremendous amount of misunderstanding of the requirements related to 1099 forms and independent contractors. Over the past several years there has been a variety of new requirements and legislation put into effect and removed from effect which continues to contribute to confusion regarding what the requirements are for individual businesses and organizations.2019 Employee vs. Independent Contractor – Part One (1 Hour)
A business subjects itself to a tremendous amount of legal obligations when it hires an employee. It has the burden of complying with numerous, and sometimes contradictory laws, put in place by federal, state and local governments as well as other regulatory agencies. Here are just a few things that potential employers may find themselves subject to as they weigh this decision:
2019 Entity Selection, S-Corps, LLCs, Sole Proprietorships & Trusts - 3 Hours
- Minimum wage requirements of both state and federal governments
- Overtime requirements of both state and federal governments
- Withholding, remitting, and proper reporting of Social Security and Medicare taxes
- Withholding, remitting, and reporting state income taxes
There are specific tax laws, rules, and benefits that come with each type of entity. Find out the latest in 2019 with CPA and Attorney Mark Kohler who will guide you through three hours of instruction on these topics plus discuss the importance of the Revocable Living Trust as well other types of trusts2018 Tax Prep for Beginners and Home Office Deductions (1 Credit Hour)This basic level course is ideal for anyone who is a novice or needs a fundamental refresher. Home office deductions and the changes to the under the Tax Cuts and Jobs Act are also covered.2018 Ethics Circular 230 (2 Credit Hours)In this course, we'll review circular 230 and the relevant subsections. CPA and Attorney Dr. Bart Basi along with Attorney Roman Basi will cover an in-depth background of Circular 230.2018 Impacts of the Tax Cuts and Jobs Acts on Individual Returns & 2018 Impacts of the Tax Cuts and Jobs Act to BusinessesDr. Basi will offer comparisons and insights on how these may affect your clients in years to come. Plus what may change and what will not change in the future under the Tax Cuts and Jobs Act. You do not want to miss this opportunity to help your clients wade through the complex new changes. This one-hour course will highlight all the major changes and how your clients may be affected. Dr. Basi will offer comparisons and insights to how this may affect your clients. Get prepared now, help your clients understand the new tax laws and make sure they are taking the necessary steps in their business to be prepared for the next tax season.2018 Form 1040 and Form 706 Estate Tax after the TCJA (2 Credit Hours)This 2 hour course will cover the changes that have occurred to the form 1040 and the estate tax after the passing of the Tax Cuts and Jobs Act2018 Paying Family Members and Tax Rules for Education Expenses (1 Credit Hour)The IRS provides rules for paying family members as from a business. Many business owners employ their children and family members and it is very important for tax preparers to understand the latest rules and laws. Education expenses for family is also covered in this exciting 1-hour course.2018 Pass Through Deductions and the 199A, Entity Selection and How to Advise Clients through an Audit (3 Credit Hours)The Pass Through Deduction and the 199A were a month the biggest changes under the new tax laws. In this 3 hour course, we'll cover the all the updates to Pass Through Deductions and the 199A. Additionally, well cover Entity Selection and how to advise and prepare for an audit and understand what service and privileges credentialed vs. non credentialed preparers have in assisting clients through an audit.2018 Deductions Update: Meals and Entertainment and Much More! (3 Credit Hours)There have been major changes to many deductions with the new Tax Cuts and Jobs Act. In this three hour course, we'll cover the major changes that affect Auto Deductions for business owners, review the changes to the standard deductions, provide meals and entertainment update, and also pet deductions and RV deductions.2018 Healthcare Strategies (1 Credit Hour)With massive changes to the tax law, it is important to understand how that affects healthcare tax laws. Understanding how the Affordable Health Care Act penalties and provision are affected in 2018 in beyond will be discussed in this one hour course.2018 Understanding Tax Implications of Retirement Plans, IRA's and More (1 Credit Hour)Understanding the Tax implications and rules regarding various retirement plan are crucial to any tax return preparer.2018 Freelance Income and Cryptocurrency Rules (1 Credit Hour)More and more people have multiple income streams and it is important as a tax preparer to understand the tax rules for these various types of income. Freelance work is more and more popular and this year there was a lot of buzz around cryptocurrency. Find out how the current tax law and new changes affect these types of income.2018 Federal Tax Law Updates and the Tax Cuts and Jobs Act (3 Credit Hours)With the Tax Cuts and Jobs Act, we have seen the most dramatic change in the tax code in the last 30-40 years. Major changes to standard deductions, itemization and business expenses are just a few of the topics that are covered in this 3-hour course. This course covers Federal Tax Law Updates and the impacts of the Tax Cuts and Jobs Act.2018 Data and Cyber Security (1 Credit Hour)Data security and cyber security are crucial in the world today. These days people sell your data and online identity on the dark web, people can add your information to a shopping cart and check out like they are purchasing it on Amazon. As a tax preparer, you are trusted with people's most sensitive financial information. In this one hour course, we will discuss data and cyber security, the recommendations and guidelines by the Internal Revenue Service and how you can make sure you and your client's info is not being bought and sold!2018 IRS Resolution and the Appeals Process (1 Credit Hour)Inevitably there will be times where there is a dispute with a tax return by the Internal Revenue Service. As a tax return preparer, understanding the resolution process and the appeals process is critical to understand. Understanding this process to educate and advise your clients is a must!2018 Financial Planning and Investments (1 Credit Hour)Financial planning and investments are critical to understand for any tax preparer. There are many rules for accounting for this type of income and you need to be aware of the best strategies to advise your clients. In this 1 hour course, CPA and Attorney Roman Basi will breakdown the all the latest rules and tax laws regarding this type of income.2018 Impacts of the Tax Cuts and Jobs Act to Businesses - 1 HourThe Tax Cuts and Jos Act (TCJA) provides the largest and most dramatic changes we have seen to the tax code in the last 30 years. There are major impacts businesses. In this one-hour course CPA and Attorney Dr. Bart Basi will cover the major changes and impacts to businesses including changes to: • Corporate Tax Rates • Pass-Through Entities • Limits on the Deduction of Business Interest • Computations of Adjusted Taxable Income • Modifications of Net Operating Loss Deduction • Employer Deductions for Fringe Benefits Expenses • Deductions for Penalties and Fines • Limits of Excessive Employee Compensation • Accounting Method Changes • And Much, Much More Dr. Basi will offer comparisons and insights to how this may affect your clients. Get prepared now, help your clients understand the new tax laws and make sure they are taking the necessary steps in their business to be prepared for the next tax season.2018 Form 1120's and the Changes on the TCJA (1 Credit Hour)This one hour Couse will completely cover the form 1120 and the changes under the Tax Cuts and Jobs Act.2018 Impacts of the Tax Cuts and Jobs Acts on Individual Returns - 1 HourDr. Basi will offer comparisons and insights on how these may affect your clients in years to come. Plus what may change and what will not change in the future under the Tax Cuts and Jobs Act. You do not want to miss this opportunity to help your clients wade through the complex new changes. This one-hour course will highlight all the major changes and how your clients may be affected.2018 Critical Summary of the Tax Cuts and Jobs Act - 1 HourThere are massive changes to the tax law and all tax professionals need to be aware of how these laws can dramatically impact taxpayers. In this 1 hour course, CPA and Attorney Mark Kohler will summarize the key points of the act along how taxpayers will be affected for the 2019 tax season and beyond. From itemized deductions to charitable deductions to moving expenses....it's all changing and you need to aware so you can correctly advise your clients for future tax returns.